Forex Powerband Dominator

Description

Yes, he’s again, and “You are about to discover a deadly accurate market dominating Forex system”. It’s a system that “has never been shared with anyone” and it’s one which Dean has “kept under lock and key for over 7 years simply because it’s that powerful”.

 

Although the system has by no means been shared with anybody, “somehow the word got out” and “the number of calls and emails from people desperate to learn the Forex Powerband Dominator keeps growing and growing”. The causes, “it works with pinpoint accuracy”, “like clockwork” and “on any timeframe”.

 

The system owes itself to “one lucky discovery while experimenting with countless trading theory’s”. The web site then continues to “tell you a story about how I found what I believe to be one of the best Forex systems on the planet”. We won’t re-iterate the story right here as we don’t suppose we may put it any higher, however it does have an ideal ending. “The results floored me”, “I mean real knock me off my chair, leave me gasping for breath floored me”.

 

The system has delivered 12 successful trades in a row, not simply as soon as, “huge winning streaks are a regular occurrence” and “soon they will be for you too”. “If you can count to 3 – Recognise a simple pattern and push a button, you can make money” from the Forex Powerband Dominator.

 

As effectively as a guide, there’s a collection of “high quality videos of every aspect of the system” that “take you by the hand through the whole process, from setting up your charts to identifying a setup and cashing in on the trade”. So simple in truth “a 10 year old could use it to make money”.

 

The package deal comes with:

 

• Comprehensive Manual
• Video Module 1 – Platform & Charting
• Video Module 2 – System Mechanics Part 1
• Video Module 3 – System Mechanics Part 2
• Video Module 4 – The System
• Video Module 5 – Position Management
• Video Module 6 – Live Trades
• Cheat Sheets

 

The reasoning behind the pricing is defined as follows, “using this unique system you will literally be in the top 5% of traders worldwide”. It continues, “I’m not going to insult your intelligence like so many other guru marketers and start with a ridiculously high figure and keep putting a line through it” as “I want to help the little guy like you out”. “Most people would charge you in the high hundreds or even thousands of dollars for this information” and “sure I’d make a ton of money”, “but I’m already having great success and I want to give something back” so “the cost is just $129”.

 

The system is really useful for the Daily or Four hour charts. Dean personally makes use of the Four hour charts, though the system will work on any timeframe besides the 1 minute chart. It has a 70% win charge although “you can easily average 80%+ wins” and “the average win is much larger than a loss”. Any charting package deal can be utilized, so no MT4 indicators or templates right here.

 

No testimonials this time for Dean’s product, the reason is, “As I said earlier this system is something that I have kept quiet for the last 7 years, only my closest friends have ever seen it”. The intention is that testimonials will come from “real people that are starting from scratch, trading Forex and changing their lives”.

 

The Material

 

The guide is 49 pages lengthy and is, as anticipated from Dean, effectively written and complete. The first dozen or so pages cowl set up and charting fundamentals so will be skipped by these with earlier expertise.

 

There then follows a lot of chapters on Support & Resistance, Trend strains, Round Numbers, Key Moving Averages and Candle formations. Mostly effectively defined materials that’s each frequent sense and data to these not new to buying and selling.

 

The system has two set-ups, A & B. Both are fairly comparable and are based on Bollinger bands, Stochastics and Price motion. And, as talked about above, Support & Resistance, Trend strains and Moving averages are additionally utilised to help the commerce identification course of.

 

Entries and Stops are clearly outlined and Targets are primarily based on Bollinger bands so they’re additionally fairly clear.

 

Four hour and Daily time-frames are really useful for buying and selling this method. Though, it does state that these wishing for extra motion can drop right down to the 1 hour and even 15 minute timeframes.

 

The sections on Trade and Money administration once more, present sound recommendation to these new to buying and selling.

 

Worthy of a point out are the 2 Cheat sheets, one for Buy set-ups and one for Sell set-ups. These are one pager overviews of the system and all you’ll actually need to reference if buying and selling this method.

 

The System

 

The system is very easy to set-up on any half respectable charting package deal which helps Moving averages, Bollinger bands and the Stochastic indicator.

 

Trade identification is sort of mechanical, say 80%, as ones interpretation of Support and Resistance, Trend strains and Candle formation come into play. As talked about above, Entries and Stops are simple to find out with Targets being primarily based largely on Bollinger band location.

 

As lots of you might be conscious, because of timing we can not commerce Daily candles so we went with the opposite really useful timeframe, Four hours. No point out of which pairs the system is finest suited to so we thought the identical ones we traded LMT Forex Formula on, USD/CAD, NZD/USD, EUR/JPY, GBP/JPY, AUD/JPY, EUR/CAD, GBP/USD, AUD/USD & USD/JPY, could be applicable.

 

One of the uncommon events that we didn’t really use a system in real-time, not because of lack of time or confidence, extra an absence of prepared. We (at Systems For Traders) all agreed that the symptoms and fundamentals of the system are technically sound. They are so technically sound in truth that each one of us in some form or kind incorporate at the very least a number of the elements in our personal buying and selling already.

 

Back-testing, a fast scan over current months, diverse between us, Three of us carried out the train. Largely as a result of discretionary elements of the system, we solely had a couple of 75% cross-over of trades (the place we might have taken the identical ones). So, that is certainly not a 100% mechanical system.

 

However, primarily based on the eye-balling we did throughout the 9 pairs on the Four hour time frame all of us agreed that, typically talking the system might be worthwhile. The different factor we had been all in full settlement with was that the outcomes neither “floored us” or “left us gasping for breath”.

 

Can It Work

 

The system has sound ideas, it’s effectively introduced and could be of use and curiosity to these new to buying and selling. For these with extra expertise, we might be fairly stunned in the event that they weren’t conscious of / already incorporate some, if not all, of the ideas, in some form or kind of their present buying and selling.

 

To summarise, a superb footing for these new to buying and selling. However, there’s nothing new right here that can not be obtained free from the various Forex assets on the market. The important distinction being that the sound and customary ideas have been consolidated and packaged as an entire system, and the roles a superb one to be trustworthy.